The purpose of this policy is to provide direction on the practical aspects of implementing a leave of absence, e.g., how a leave of absence is defined, what the expectations are of a temporary successor, the kinds of foundation activities in which temporary successors would participate, how grants are handled when there is no temporary successor… Read More
Harmonious agreement on grants is not always possible within a family foundation with diverse granting interests. Trustees sometimes struggle to develop strategies to guide the consideration process when points of view differ. This policy from the Roy A. Hunt Foundation provides a framework for managing “controversial grants” from the family board member perspective… Read More
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